2014 January

Another year huh?

Anyhoo - I'm kind of back in the game. My main swing trading account is up 9% for the year, so that's not a bad way to start. Fwiw - that's with money management, so no stock has been bought that represented more than 10% of the account (in actuality, I think 7% has been the limit so far this year). Currently, in that one, I have AAPL, ARWR, AUDC, BCRX, CPST, CTIC, ENVI, FB, FRP, HA, MEA, MERU, MHR, SPCB, and ZNGA. All are green except AUDC, where I'm down $6 at the moment. I give it one more day, then I'll cut my losses short.

My buddy got me interested in PHOT (now by interested, I mean where I'm not purely swing trading/TA ing it). These days, I normally run my scanner, pare down the list after a few minutes based on TA, then take some positions (of course after monitoring what I have). Thus, I don't plan on "holding" any of them, nor do I bother to look at what the names of the companies are. Anyway, I got in on that one in another account cause of the commissions tier. I've cashed out 2/5 already, but holding the rest for the moment. It came down hard as expected, but I'm still well into the green. Anyway - ends up its in one of the accounts I hold things longer like SIRI (which is held mainly for no reason other than sick brotherhood - unless it turns down), S, and a short on FAZ.

That's my current story.

Ouch, I'm down $6.80 on AUDC, I may not wait until tomorrow...

Anyone out there trading anything but SIRI? Any swing traders out there?

Last edited by Dr. Dave; 01-10-2014 at 05:24 PM.
Reason: I sounded way too crabby for a first post in such a long time, lol.

Ok - So, it's monday. I also wrote my little script/program for this new little swing trading acct. Ah, yes, the "new" and the "little". I recently got hitched, so, this acct is actually the first joint account. It took quite a bit of negotiating to get this thing started. That said, I could only negotiate starting w/ $10k. If it grows enough, we will add more. Kind of a little challenge. So, what I did was, since it's a new broker, was I made a few trades before the year to see how it works. Then more or less officially started trading to start the thing rolling. Though, I started on Dec 30, not after the 1st. This is because those earlier trades to see how it worked brought the balance down, and I wanted an even $10K for the beginning of the year.

As said - I don't dig on losses, I don't dig on drawdowns. Thats for other people to enjoy, so cutting losses short:
Sold AUDC (in 7.64, out 7.62) -0.26% loss
Sold ENVI (in 3.50, out 3.50) scratch
Sold MHR (in 7.61, out 7.6001) -0.13% loss

Haha! what are you up to Just Sirius? Hanging out in your cabin watching the money roll in?

Yes, I'm trying my best to call my shots, but, it is kind of a pain in the butt. We'll see how much energy I have.

So what's going on?

Actually, I have a question for you... I still have some SIRI stock in another account. On the other message board it looked like they were talking about SIRI being bought. Is this just talk, or is SIRI siriusly on the table to be bought out? The stock really hasn't moved in the last 6 months as far as I have seen, it's up against some resistance, so I have no qualms in dumping what I got. A while back I had a bunch of sprint stock (ticker is S) that went thru a company buyout, and I got some cash, and some new shares. Had I been paying attention, I would have opted for all shares on that one cause the stock was still moving. I'm just curious what the deal is on the table for SIRI, if there really is one.